Goods-In-Transit Insurance
Plum Insurance Brokers offer a Goods-In-Transit insurance policy, which provides coverage for the loss of or damage to insured goods resulting from accidents, theft, collisions, fires, or overturning during transit by road, air, rail, and inland motorways. The premium is calculated using a formula: the estimated monthly carriage of goods multiplied by 12 months.
This insurance category is designed to provide indemnity for property, whether owned by the insured or for which they bear legal responsibility, against accidents, theft, collisions, overturning, or fires involving the conveying vehicle(s).